Cultural and entertainment stocks remained calm: repeated epidemics Wanda Film Holding Co.Ltd(002739) market value decreased by 800 million Shenzhen Zqgame Co.Ltd(300052) share price increased by 10.51%

Tepid is the key word of entertainment stocks this week. In the past week (March 18-march 25), among the entertainment concept stocks with the market value of the top 30 A shares, the market value fluctuated by no more than 1 billion yuan, and the share price rose or fell by only 11%.

Specifically, in addition to the fact that Ireader Technology Co.Ltd(603533) ( Ireader Technology Co.Ltd(603533) . SH) rose and fell flat with last week, the market value of Shenzhen Zqgame Co.Ltd(300052) ( Shenzhen Zqgame Co.Ltd(300052) . SZ) rose by 689 million yuan and the share price rose by 10.51%, making it the company with the largest increase in both market value and share price this week. The market value of Wanda Film Holding Co.Ltd(002739) ( Wanda Film Holding Co.Ltd(002739) . SZ) fell by 825 million yuan, making it the company with the largest decline in market value this week. The share price of Hengdian Entertainment Co.Ltd(603103) ( Hengdian Entertainment Co.Ltd(603103) . SH) fell by 5.35%, making it the company with the largest decline in share price this week.

It is worth noting that Tianyu Digital Division ( Dalian Zeus Entertainment Co.Ltd(002354) . SZ) has fluctuated several times this year, and this Friday (March 25) harvested a daily limit again.

Wanda Film Holding Co.Ltd(002739) market value decreased by 825 million yuan

Wanda Film Holding Co.Ltd(002739) is the company with the largest decline in market value this week, with a decline of 825 million yuan.

Recently, the epidemic situation has continued to recur. From 0:00 to 24:00 on March 25, 31 provinces (autonomous regions and municipalities directly under the central government) and Xinjiang production and Construction Corps reported 1335 new confirmed cases, including 1280 local cases, distributed in 20 provinces (autonomous regions and municipalities directly under the central government).

Companies with cinemas are affected by this Wanda Film Holding Co.Ltd(002739) 3 on March 18, the company said on the investor interaction platform that due to the repeated impact of the epidemic in some regions, the company has suspended business in some cinemas in Jilin, Liaoning, Guangdong, Jiangsu, Hebei, Fujian, Shanghai, Shenzhen and other regions. During the closure of the cinema, the company will actively take a variety of online marketing measures to prepare for the resumption of business. With the epidemic situation under effective control, the cinemas involved are expected to resume work in an orderly manner.

Also affected are Hengdian Entertainment Co.Ltd(603103) , China Film Co.Ltd(600977) , Huayi Brothers Media Corporation(300027) , and the market value decreased by 406 million yuan, 224 million yuan and 195 million yuan respectively.

However, Hengdian Entertainment Co.Ltd(603103) became the first company of entertainment company to release the financial report of 2021. In 2021, thanks to the effective control of the epidemic in China and the rapid recovery of the film industry, Hengdian Entertainment Co.Ltd(603103) achieved a revenue of 2.366 billion yuan, a year-on-year increase of 139.06%; The net profit attributable to the parent company was 14 million yuan, turning losses into profits.

In December 2020, Hengdian Entertainment Co.Ltd(603103) completed the equity acquisition, and film and television production and Hengdian film became the wholly-owned subsidiary of the company. In 2021, Hengdian Entertainment Co.Ltd(603103) has laid out the whole film and television industry chain from bottom to top, formed an industrial closed loop covering film and television investment, production, distribution, projection and other businesses, realized the transformation and upgrading from “cinema” to “film company”, constructed the development mode of the whole industry chain, and is committed to building the content sector into a new profit growth point of the company.

In 2021, Hengdian film, a wholly-owned subsidiary of Hengdian Entertainment Co.Ltd(603103) company, used a professional perspective to identify the project, and its films such as “give you a little red flower”, “Hello, Li Huanying”, “my sister” and so on had a good reputation at the box office.

It is noteworthy that the market has increased its dependence on holiday schedules. The cumulative box office of holiday schedules in 2021 was 17 billion yuan, an increase of 17.9% over 14.42 billion yuan in 2019. The box office of new year’s day, Spring Festival, Valentine’s day, Qingming and may day broke records, especially the Spring Festival broke a number of film history records with Chinatown detective 3, Hello, Li Huanying and Changjin lake. The box office of the non holiday season was cold, especially in the summer season of 2021, due to the impact of the counterattack of the epidemic and the lack of strong films, the box office of the non holiday season was 7.38 billion, down 58.5% from 17.79 billion in 2019.

However, Hengdian Entertainment Co.Ltd(603103) at present, there are no films scheduled for May Day and national day. Up to now, Hengdian film, a wholly-owned subsidiary of Hengdian Entertainment Co.Ltd(603103) , has participated in the investment of films that have not been released, such as dragon and horse spirit, walking alone on the moon, super power family, life events, etc.

In addition, Beijing Enlight Media Co.Ltd(300251) also began to buy back the company’s shares since this year. On March 25, Guangguang announced that the company plans to buy back its shares through the secondary market with its own funds for the implementation of employee stock ownership plan or equity incentive. The total capital of this share repurchase is no less than 75 million yuan and no more than 150 million yuan, and the repurchase price is no more than 13 yuan / share.

Shenzhen Zqgame Co.Ltd(300052) shares rose 10.51%

In 2021, when the concept of meta universe became popular, Shenzhen Zqgame Co.Ltd(300052) became the most eye-catching company in the concept of meta universe with the game “winemaker” Shenzhen Zqgame Co.Ltd(300052) became the company with the highest share price rise this week, with the share price rising 10.51%.

On January 3 this year, Shenzhen Zqgame Co.Ltd(300052) chairman Li Ruijie shared a demo video of the H5 version of its meta universe concept game “master brewer” on his microblog. He said on his microblog that “master brewer” will launch “2D, 3D (including lock perspective), VR, overseas and robroth (robroth) versions” in the future

On January 5, the share price of Shenzhen Zqgame Co.Ltd(300052) also gained the 20cm limit again, reaching the highest price of 39.28 yuan / share this year. Since then, the share price of Shenzhen Zqgame Co.Ltd(300052) has continued to decline.

On March 25, Shenzhen Zqgame Co.Ltd(300052) also rose 9.94% again. The first cosmos conference will be held in Shanghai on April 20. The global meta universe conference will release the meta universe world declaration v1.0 and the meta universe industry plan v1.0. In the “meta universe industry plan”, the “meta universe global open source white paper” and the “spirit world cup – meta universe global innovation competition” have officially started recruitment.

Ni Jianzhong, President of China Mobile Communications Federation and President of the global meta universe conference, said, “meta universe is not only a scientific and technological revolution, but also a profound change in the mode of production, lifestyle and mode of thinking and great social progress. It is necessary to use Mr. Qian Xuesen’s scientific ideological system to understand and change the world.”

In addition, Shenzhen Zqgame Co.Ltd(300052) announced on March 25 that the reduction plan of Shenzhen Baode Technology Co., Ltd., the shareholder of the company, has been implemented, reducing a total of 7.86 million shares of the company, accounting for 3% of the total shares of the company.

In addition to Shenzhen Zqgame Co.Ltd(300052) , Tianyu digital also ushered in a daily limit on March 25. Tianyu digital division is a hot stock of virtual digital human, metauniverse and byte beating concepts. On the same day, the concept of virtual digital human rose by 1.66%, the concept of metauniverse rose by 1.56% and byte beating stocks rose by 1.24%.

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